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COREVAULT PARTNERS WITH AXIS INTEGRATED SOLUTIONS

Partnership Expands CoreVault’s online backup and recovery services to Chicago, Miami, St. Louis, Kansas City & the Caribbean

OKLAHOMA CITY, August 1, 2006 -- CoreVault™ announced today that it has partnered with AXIS Integrated Solutions, a top professional services firm specializing in business management solutions with offices in Chicago, Kansas City, Miami and St. Louis. “AXIS is a company that we are proud to partner with because of their market presence and credibility as an organization in key markets, “says James Rutherford, president of CoreVault.

AXIS Integrated Solutions (AXIS) is a business advisor, a systems integrator and business solutions provider to the small and mid market businesses. Industry awards include Technology Pacesetter and Top 100 VAR by Accounting Technology. “Our partnership with CoreVault will enable us to offer our clients a more reliable method of backup and recovery of mission critical data that leverages the latest technology. This was one of our strategic priorities given that many of our clients are vulnerable to hurricanes in coastal regions and the Caribbean, says Manny Buigas, CEO.

“CoreVault™ will be targeting businesses in Florida, Illinois, Missouri, Kansas and throughout the Caribbean. Our partnership with AXIS allows us to enter these markets in a greater way and in a shorter time frame due to their large customer base and influence in these markets and abroad,” said Rutherford.

“Market research indicates that a company’s data storage needs will increase on average at a rate of 30-to-40 percent annually. U.S. businesses will invest a staggering $66 billion on maintaining and upgrading their data systems each year over the next 5 years*. With the escalation of security threats from hackers, terrorist attacks and natural disasters, security concerns are very high, and this is complicated by state and federal mandates, such as HIPAA and Homeland Security regulations, that make compliance and management of critical data difficult for small to medium size companies,” Rutherford said.

“Our online service allows companies to have a more reliable, secure and automated process for backing up their data,” Rutherford said. “Many companies have significant risk exposure in this area. According to The Gartner Group, a nationally recognized research firm, 34 percent of companies fail to test their backups, and of those that do, 77 percent have found tape back up failures.”

“All of these reasons are what lead us to believe that our products and services combined with AXIS customer base and influence make for a great partnership. We are expecting great things from this new relationship,” said Rutherford.

CoreVault™ is a leader in providing secure online data backup and recovery solutions. Its software, privately owned fiber optic networks, data centers, and world class customer support allow CoreVault™ to provide reliable and easy-to-use solutions to meet businesses’ growing data management needs. CoreVault™ addresses the entire data protection lifecycle with the flexibility of centralized online backup, with customer-driven “on-demand” recovery. In addition, CoreVault™’s backup solutions can ensure compliance with state and federal regulations, while providing a true disaster-recovery solution for your business. For additional information on CoreVault™ and its services, please visit our website at www.corevault.net.

Contact:
CoreVault
Jeff Cato, Vice President Sales & Marketing
405 391 8421

AXIS Integrated Solutions
Kelly Hummel
636.928.5000
info@axisintegratedsolutions.com